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NYMEX Monday Wrap: Curde, gasoline open week with gains; nat gas softens
HOUSTON, April 30, 2018 (PCW) — June NYMEX crude futures settled up $0.47/bbl at $68.57/bbl. June Brent at the close of the NYMEX increased $0.15/bbl at $74.93 bbl.
The June Brent/WTI spread narrowed at $6.36 bbl favoring Brent. Prompt natural gas futures were down 0.8 cents at $2.763 mmBtu. May NYMEX RBOB futures closed at $2.1292 gal, up 0.23 cpg.
April gasoline differentials were steady to weaker versus Friday’s levels.
A2 CBOB 87 regular was softer at 14.25 cpg under the screen.
CBOB 87 was steady at 8.75 cpg under the screen.
D2 CBOB 93 premium was lower at 3.25 cpg over the screen.
CBOB 93 was firm at 9.00 over the screen.
RBOB was unchanged at 2.00 cpg under the screen.
The 3-2-1 crack in the Gulf Coast was $12.36 bbl, $9.08/bbl under the screen. – John Troland